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Triumph Properties Closes First Deal in Phoenix

February 13, 2020

Triumph Properties has planted a flag in Phoenix with the $49.5 million acquisition of Deer Creek Village, a 308-unit apartment community on the city’s north side.

The purchase marks Triumph Properties Group’s first foray into the Phoenix multifamily market. The Los Angeles-based real estate investment, management and development firm purchased the 1980s-era community with plans to fully renovate the property.

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